Abstract: The paper anal ys es the relation between the two endowment insurance patterns as cash receipts an d cash payments and fund accumulation and several social economic factors such a s tendency of population aging,social economic growth,inflation,sav-ings.Econom ic growth affects the two patterns in different ways.For cash receipts and cash payments,if the growth becomes slow,it' ll further burden endowment insurance su pply for future workers the effect of which resembles that of the increase of pr oportion of elderly population in the gross population;for fund accumulation of, the slow economic growth will have the interest rate stand at a relatively low p oint for long which does not help the effective increment,thus leading to lessen the proceeds for the future retirees.Compared with cash receipts and cash payme nts,fund accumulation will bring forward a high savings level.